Ferragamo reportedly seeking to expand its hotels to Milan
According to Italy’s Corriere della Sera newspaper, Lungarno Collection, the hotel management company controlled by Ferragamo, would be in negotiations with Milan’s municipality to rent a property located on Corso Venezia, which housed the archbishop’s seminary until 2002. The property, which was erected in the second half of the 16th century, has been left behind and significant investments are required to bring it to its original splendor.
Speculators say Lungarno Collection would be interested in renting the property to transform it in an exclusive five-star residence. This would be the first Milanese outpost of the company, which already manages hotels and resorts in Florence, Rome and in the Tuscan countryside.